REG - WPP PLC - Vesting of executive share award

WPPAnnouncement

17/03/2022 13:00

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RNS Number : 1636F  WPP PLC  17 March 2022

FOR IMMEDIATE RELEASE
 
17 March 2022

 

WPP plc ("WPP")

 

Vesting of executive share award

Notification of Transactions of Directors/Persons Discharging Managerial
Responsibilities or their Connected Persons

The Company announces that the following person discharging managerial
responsibilities transacted in ordinary shares of 10 pence each in the Company
due to the exercise of awards made under the terms of the 2019 Executive
Performance Share Plan ("EPSP") award. The 2019 EPSP was made on 14 May 2020
and vested on 15 March 2022 as a result of the performance conditions
attaching to the 2019 EPSP award having been satisfied as to 88.5%.

 

 Name of Executive Director  Plan  Total number of shares vested  Total number of shares sold to cover statutory withholding liabilities  Date of sale
 John Rogers                 EPSP  224,972                        105,949                                                                 16 March 2022

 

 

 

 

 1.  Details of PDMR/person closely associated with them ('PCA')
 a)  Name                                     John Rogers
 b)  Position/status                          Chief Financial Officer
 c)  Initial notification/                    Initial notification

amendment
 2.  Details of the issuer
 a)  Full name of the entity                  WPP plc
 b)  Legal Entity Identifier code             549300LSGBXPYHXGDT93
 3.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument  Ordinary shares of 10 pence each ('Ordinary Shares')

                                              ISIN: JE00B8KF9B49
 b)  Nature of the transaction                Acquisition of Ordinary Shares made under the WPP 2019 Executive Performance
                                              Share Plan.
 c)  Price(s) and volume(s)                   Price(s)            Volume(s)
                                              £ Nil cost option     224,972

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  16 March 2022
 f)  Place of the transaction                 London Stock Exchange
 Transaction 2
 b)  Nature of the transaction                Sale of Ordinary Shares made under the WPP 2019 Executive Performance Share
                                              Plan to cover statutory withholding liabilities.
 c)  Price(s) and volume(s)                   Price(s)   Volume(s)
                                              £10.4506   105,949

 

 d)  Aggregated information                   N/A (single transaction)

     -     Aggregated volume

     -     Price
 e)  Date of the transaction                  16 March 2022
 f)  Place of the transaction                 London Stock Exchange

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

16 March 2022

f)

Place of the transaction

London Stock Exchange

Transaction 2

b)

Nature of the transaction

Sale of Ordinary Shares made under the WPP 2019 Executive Performance Share
Plan to cover statutory withholding liabilities.

c)

Price(s) and volume(s)

 Price(s)   Volume(s)
 £10.4506   105,949

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

N/A (single transaction)

e)

Date of the transaction

16 March 2022

f)

Place of the transaction

London Stock Exchange

 

This notice is given in fulfilment of the obligation under Article 19 of the
Market Abuse Regulation.

Balbir Kelly-Bisla

Group Company Secretary

 

Contact for further information:

Chris Wade, WPP

+44 (0)20 7282 4600

 

About WPP

WPP is the creative transformation company. We use the power of creativity to
build better futures for our people, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

END

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